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A sign of how messed up expectations about taxation have become in the last few decades

This was Donald Trump’s stance only a couple of decades ago. From pg 222 of Never Enough: Donald Trump and the Pursuit of Success:

Trump attempted a more serious pose, traveling to Capitol Hill to tell a congressional committee that he thought they should raise taxes on the rich. Reagan tax cuts that had reduced the maximum rate to 31 percent ought to be abandoned, he said. A top rate of 50 or 60 percent would be better for the country.

Categories: Thinking

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